Qualities of a Good Leader: Setting Priorities and the Pareto Principle

Qualities of a Good Leader Setting Priorities and the Pareto PrincipleWhat if I said that there is only one major difference between a leader and a follower? Would you believe me? Well, I’m here to tell you one of the most important qualities of a good leader: setting priorities.
I know! This sounds like such a simple concept. You may say, “Everyone has these. No big deal!” The key to your success is a progressive realization of a worthwhile goal (aka a priority). By following a few simple steps, you can learn the best way to set these straight and become the leader you’ve always wanted to be!

John C. Maxwell discusses the Pareto Principle in his book, “Developing the Leader Within You” and it can help so much!

This principle is commonly referred to as the “80-20 rule” and states that about 80% of the of results come from 20% of the effort. This rule can be helpful for you to think about when you’re determining your priorities!
Life is not about how hard you work, but rather how smart you work! Use the Pareto Principle and the 80-20 rule to help increase productivity in your organization by determining the 20% of people that produce 80% of the results. Then, spend your time and effort on those people!
With the right tools, you can become a leader! Like I’ve said before, leadership can be learned. The qualities of a good leader are many, but if you can get priorities in order, then you’ll be heading in the right direction!
It may not always be easy for you to do for yourself but that’s okay! Maxwell also discusses other important things to think about, but the most valuable lesson I gathered was to always remember the the three “R” questions.There’s a lot of great stuff in there but it basically comes down to these three things.

First of all, you need to think about what is REQUIRED of you.

You always need to be sure that you are getting your job done first and foremost. This is number one on a list of priorities. If you’re heading for a job interview, really read those job requirements and prepare some questions about them. If you’re already in a position, remember to come back to your job requirements from time to time. John Maxwell recommends making a list of what you think your job requirements are and then presenting them to your supervisor. Your list should correspond with your supervisor’s list. Leadership requires you to get it done!

Next, ponder the things that give you the greatest RETURN.

Focusing all of your effort on something that gives minimal return is not something that you should be prioritizing. Maxwell claims that the efforts should approximate results. This means that you should be getting out what you put in! Think about the causes and the effects in your organization’s production. Focus on those causes that have excellent effects. Return in your leadership is huge to consider!

Finally, don’t forget to think about yourself! What gives you the greatest REWARD?

You should be enjoying the job that you do. I know that it is nearly impossible to love everything, but always try to remember that life is short and that you should be able to have some fun! Have you ever had leaders at a job that did enjoy their roles? They’re not very fun to be around. This can make your job more difficult than it needs to be.
If these three “R” questions are similar, this will make setting priorities easier and you will be able to achieve success in no time! Are you ready to take the plunge? Let me know how I can help you by contacting me directly!
Be Great!
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